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Davis, J. B., Christoforou, A. (2013). The Economics of Social Institutions. Edward Elgar.

The Economics Of Social Institutions

Edited by John B. Davis, Professor of Economics, Marquette University, US and Professor of Economics, University of Amsterdam, The Netherlands and Asimina Christoforou, Adjunct Professor, Athens University of Economics and Business, Greece.

Description

The economics of social institutions has been a well-established research field for over a century, one that continues to expand and to develop new areas of investigation. Here Professor Davis and Dr Christoforou bring together in one easily accessible volume the most significant contributions by leading figures in this area. The volume provides a comprehensive review of the origins and development of the economics of social institutions and addresses the main theoretical and policy concerns that have occupied scholars and researchers.

Contents

36 articles, dating from 1898 to 2011 Contributors include: R. Coase, J. Commons, G. Hodgson, K.W. Kapp, D. North, E. Ostrom, K. Polanyi, R. Posner, T. Veblen, O. Williamson

The economics of social institutions has been a well-established research field for over a century, one that continues to expand and to develop new areas of investigation. Here Professor Davis and Dr Christoforou bring together in one easily accessible volume the most significant contributions by leading figures in this area. The volume provides a comprehensive review of the origins and development of the economics of social institutions and addresses the main theoretical and policy concerns that have occupied scholars and researchers.

With an insightful original introduction by the editors, this collection is a key resource which will make an invaluable contribution to advancing future thinking in this evolving area of study.

Table of contents

Introduction John B. Davis and Asimina Christoforou

PART I EARLY CONTRIBUTIONS

1. Thorstein Veblen (1898), ‘Why is Economics Not an Evolutionary Science?’
2. Walton H. Hamilton (1919), ‘The Institutional Approach to Economic Theory’
3. John R. Commons (1931), ‘Institutional Economics’
4. Karl Polanyi (1957), ‘The Economy As Instituted Process’
5. Anne Mayhew (1987), ‘The Beginnings of Institutionalism’

PART II METHODOLOGICAL AND CONCEPTUAL ISSUES

6. Geoffrey M. Hodgson (2006), ‘What are Institutions?’
7. John R. Searle (2005), ‘What is an Institution?’
8. Mark Granovetter (1985), ‘Economic Action and Social Structure: The Problem of Embeddedness’
9. Fikret Adaman and Yahya M. Madra (2002), ‘Theorizing the “Third Sphere”: A Critique of the Persistence of the “Economistic Fallacy”’
10. Elinor Ostrom (2007), ‘Challenges and Growth: The Development of the Interdisciplinary Field of Institutional Analysis’

PART III OLD INSTITUTIONALISM

11. Warren J. Samuels (1995), ‘The Present State of Institutional Economics’
12. Geoffrey M. Hodgson (1998), ‘The Approach of Institutional Economics’
13. Malcolm Rutherford (2001), ‘Institutional Economics: Then and Now’
14. Tony Lawson (2003), ‘Institutionalism: On the Need to Firm Up Notions of Social Structure and the Human Subject’

PART IV NEW INSTITUTIONALISM

15. Douglass C. North (1991), ‘Institutions’
16. Mancur Olson (1993), ‘Dictatorship, Democracy, and Development’
17. Oliver E. Williamson (2000), ‘The New Institutional Economics: Taking Stock, Looking Ahead’
18. Daron Acemoglu and Simon Johnson (2005), ‘Unbundling Institutions’

PART V SOCIAL COSTS

19. Ronald Coase (1960), ‘The Problem of Social Costs’
20. K. William Kapp (1969), ‘On the Nature and Significance of Social Costs’

PART VI GROWTH AND DEVELOPMENT

21. R.C.O. Matthews (1986), ‘The Economics of Institutions and the Sources of Growth’
22. Dani Rodrik, Arvind Subramanian and Francesco Trebbi (2004), ‘Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development’
23. Richard G. Lipsey (2009), ‘Economic Growth Related to Mutually Interdependent Institutions and Technology’
24. Ha-Joon Chang (2011), ‘Institutions and Economic Development: Theory, Policy and History’

PART VII INSTITUTIONS AND CHANGE

25. Viktor Vanberg and Wolfgang Kerber (1994), ‘Institutional Competition among Jurisdictions: An Evolutionary Approach’
26. Samuel Bowles (1998), ‘Endogenous Preferences: The Cultural Consequences of Markets and Other Economic Institutions’
27. Masahiko Aoki (2007), ‘Endogenizing Institutions and Institutional Changes’
28. Avner Greif and David D. Laitin (2004), ‘A Theory of Endogenous Institutional Change’
29. Paul A. David (1994), ‘Why are Institutions the “Carriers of History”? Path Dependence and the Evolution of Conventions, Organizations and Institutions’

PART VIII INSTITUTIONS AND ORGANIZATIONS

30. Paul J. DiMaggio and Walter W. Powell (1983), ‘The Iron Cage Revisited: Institutional Isomorphism and Collective Rationality in Organizational Fields’
31. Claude Ménard (1995), ‘Markets as Institutions versus Organizations as Markets? Disentangling Some Fundamental Concepts’
32. Richard A. Posner (2010), ‘From the New Institutional Economics to Organization Economics: With Applications to Corporate Governance, Government Agencies, and Legal Institutions’

PART IX COOPERATIVE INSTITUTIONS

33. Richard Steinberg (1997), ‘Overall Evaluation of Economic Theories’
34. Frederic L. Pryor (1983), ‘The Economics of Production Cooperatives: A Reader’s Guide’
35. Chris Mason, James Kirkbride and David Bryde (2007), ‘From Stakeholders to Institutions: The Changing Face of Social Enterprise Governance Theory’
36. Giulia Galera and Carlo Borzaga (2009), ‘Social Enterprise: An International Overview of its Conceptual Evolution and Legal Implementation’

Authors

Davis, John B.

John B. Davis is Professor of Economics at Marquette University and Professor and Chair of History and Philosophy of Economics at University of Amsterdam. He is author of Keynes’s Philosophical Development (Cambridge, 1994), The Theory of the Individual in Economics (Routledge, 2003),...

Christoforou, Asimina

Asimina Christoforou is Adjunct Professor at the Athens University of Economics and Business, Greece, and Co-ordinator of the Social Capital Working Group of the International Initiative for Promoting Political Economy (IIPPE). She is member of the editorial board of the Journal of Economic Issues...

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